Macquarie Share Price (ASX:MQG): Today’s Analysis & Forecast

If you’ve been watching the ASX lately, you’ve probably noticed Macquarie Group’s share price catching attention. Let’s look at what the numbers and analysts are actually saying.

Current Share Price: $240.20 (Intelligent Investor, market data) ·
Market Cap: $91.55 billion (Morningstar, valuation data) ·
Day Range: $238.84 – $241.60 (Morningstar, intraday range) ·
Recent Change: +1.77% (Intelligent Investor, day change)

Six key facts about Macquarie Group at a glance, sourced from the company’s own disclosures and financial data platforms.

How much are Macquarie Bank shares worth today?

Current Macquarie share price and market cap

• Macquarie trades on the ASX under ticker MQG (Macquarie Group Investor Relations).
• As of late May 2025, the share price sits at $240.20 (Intelligent Investor).
• Its market capitalisation is approximately $91.55 billion (Morningstar).

What is the ASX ticker for Macquarie?

The ticker is MQG, listed on the Australian Securities Exchange (Macquarie Group Investor Relations).

Where to find real-time Macquarie share price

Live pricing is available via major financial platforms such as Morningstar and Intelligent Investor, which update during ASX trading hours.

The implication: the current price reflects market sentiment, but real-time feeds are essential for trading.

Is Macquarie a good stock to buy?

Analyst ratings on Macquarie

• UBS maintains a neutral rating with a price target of $225 (The Motley Fool Australia, citing UBS).
• Analysts have an average price target of $219.85, implying about 10% upside from current levels (The Motley Fool Australia).
• Morningstar estimates fair value at $472.00, but rates the stock as having high uncertainty (Morningstar).

Pros and cons of investing in Macquarie

Why is everyone buying Macquarie shares?

Recent performance and investor sentiment

• Macquarie reported a net profit after tax of A$1.65 billion, up 3% (The Motley Fool Australia).
• Its diversified model – spanning investment banking, asset management, and commodities – attracts long-term holders (The Motley Fool Australia).

Key drivers of Macquarie’s popularity

Strong infrastructure and energy investments, combined with a consistent dividend policy, make MQG a favourite among income-focused investors (Macquarie Group Investor Relations).

Risks to consider

• Exposure to global interest rate cycles and China’s economic slowdown (The Motley Fool Australia).
• High valuation leaves little margin for error if earnings disappoint.

The pattern: the stock’s appeal is real, but the price already reflects that optimism.

What is the forecast for Macquarie’s share price?

Analyst price targets for MQG

• UBS: neutral, target $225 (The Motley Fool Australia).
• Consensus average target: $219.85 (The Motley Fool Australia).
• Morningstar fair value: $472.00, but with high uncertainty (Morningstar).

Factors influencing future price

Interest rate decisions, global infrastructure spending, and China’s economic health are key catalysts. UBS forecasts net profit of A$4.08 billion in FY26 (The Motley Fool Australia).

Historical price trends and predictions

Macquarie’s 52-week high stands at $244.53, with the current price about 1.77% below that level (Intelligent Investor). Historically, the stock has shown volatility tied to global financial cycles.

The catch: analyst targets vary widely, reflecting deep uncertainty. Investors should treat single-point forecasts with caution.

Why have Macquarie shares dropped?

Recent 6% drop explained

In May 2025, Macquarie shares fell about 6% amid renewed fears of a global economic slowdown (The Motley Fool Australia). The drop was broad-based, affecting most ASX financial stocks.

Broader market and economic factors

• Concerns about China’s economy and global trade tensions weighed on sentiment (The Motley Fool Australia).
• No company-specific negative news drove the decline – it was macro-driven (The Motley Fool Australia).

Impact of company-specific news

Macquarie’s own fundamentals – including the dividend declaration of A$4.20 per share (35% franked) – remained positive (Macquarie Group Investor Relations). The ex-dividend date of May 18, 2026 may have contributed to a mechanical price adjustment, but the major move was macro.

Timeline Signal

The trade-off: the dividend payout creates a natural support level, but ex-dividend dips can confuse short-term traders.

What’s clear and what’s not

The pattern: the fundamentals are solid, but the market’s judgment on price is split.

“We maintain a neutral rating on Macquarie with a price target of $225, reflecting cautious near-term outlook given global macro headwinds.”

— UBS analyst, as reported by The Motley Fool Australia (The Motley Fool Australia)

“Macquarie’s current dividend yield of 3.50% is attractive, but investors should weigh the post-dividend price adjustment that often gets misinterpreted as a fundamental decline.”

— Intelligent Investor analyst (Intelligent Investor)

For the Australian retail investor, the choice around Macquarie shares is a classic tension: a resilient, dividend-paying business with strong earnings growth against a valuation that already prices in a lot of optimism. The recent 6% drop was macro-driven, not company-specific, so those who believe the global economy will stabilise may see a buying window. But if earnings miss expectations or interest rates stay higher for longer, the premium to fair value leaves little margin of safety. For the cautious investor, the clear action is to wait for either a lower entry price or a clearer catalyst before adding to positions.